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Philippines Trade Summary

1998

Philippines exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PHILIPPINES 1998

Overall Exports and Imports for Philippines 1998

Exports and imports of Philippines in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 29,496 million.
  • The total value of imports (CIF) was 31,530 million.
  • At the HS6 digit level, 2,636 products were exported to 169 countries and 4,424 products were imported from 150 countries.

Philippines top 5 Export and Import partners 1998

Top five countries to which Philippines exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Philippines exports to United States worth US$ 10,145 million, with a partner share of 34.39 percent.
  2. Philippines exports to Japan worth US$ 4,234 million, with a partner share of 14.35 percent.
  3. Philippines exports to Netherlands worth US$ 2,319 million, with a partner share of 7.86 percent.
  4. Philippines exports to Singapore worth US$ 1,832 million, with a partner share of 6.21 percent.
  5. Philippines exports to Other Asia, nes worth US$ 1,757 million, with a partner share of 5.96 percent.

Top five countries from which Philippines imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Philippines imports from United States worth US$ 6,887 million, with a partner share of 21.84 percent.
  2. Philippines imports from Japan worth US$ 6,371 million, with a partner share of 20.20 percent.
  3. Philippines imports from Korea, Rep. worth US$ 2,293 million, with a partner share of 7.27 percent.
  4. Philippines imports from Singapore worth US$ 1,824 million, with a partner share of 5.79 percent.
  5. Philippines imports from Other Asia, nes worth US$ 1,493 million, with a partner share of 4.73 percent.

Philippines Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Philippines along with trade value are:

  1. Philippines exported Electronic integrated circuits and microassembl , worth US$ 9,793,645.57 million.
  2. Philippines exported Input or output units, whether or not presented , worth US$ 2,396,669.70 million.
  3. Philippines exported Parts and accessories of automatic data process , worth US$ 2,014,370.05 million.
  4. Philippines exported Monolithic integrated circuits, digital , worth US$ 1,791,204.22 million.
  5. Philippines exported Printed circuits , worth US$ 689,543.68 million.

The top five imported HS 6 digit level products from world by Philippines along with trade value are

  1. Philippines imported Parts of electronic integrated circuits and mic , worth US$ 5,844,349.44 million.
  2. Philippines imported Parts and accessories of automatic data process , worth US$ 2,721,391.87 million.
  3. Philippines imported Petroleum oils and oils obtained from bituminou , worth US$ 1,524,493.57 million.
  4. Philippines imported Electronic integrated circuits and microassembl , worth US$ 1,430,006.27 million.
  5. Philippines imported Semi-milled or wholly milled rice , worth US$ 646,609.28 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Philippines in 1998 are below

  • The maximum rate of tariff in percentage on any product was 80 percent.
  • The simple average tariff across all products was 10.29 percent.
  • The trade weighted average tariff was 6.37 .
  • The total duty free imports in thousands of US dollars were 196,130.59 and duty free tariff line items share was 0.09 percent.

Development Indicators 1998

Key Development Indicators of Philippines in 1998 are below

  • Philippines GDP in current US dollar was 74,492 million.
  • GNI per capita, Atlas method (current US$) was 1,320.00 .
  • Philippines Trade balance: as % of GDP was -4.46.
  • Trade balance in current US$ was -3,325.00 million.
  • Trade as percentage of GDP was 80.08 .
  • Trade in services as percentage of GDP was 23.61 .

Trade Indicators 1998

Trade Indicators for Philippines in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.17.
  • Index of export market penetration was 5.58.
  • World Growth in percentage was -0.47 and Philippines Country Growth was 4.67 .